#Japan #Tokyo #salary increase #Employee Welfare #LogProstyle

LogProstyle Implements Average 5% Salary Increase Across Board

In a significant move to bolster employee welfare, LogProstyle Co., Ltd. (NYSE American: LGPS), headquartered in Minato-ku, Tokyo, has announced an average base salary increase of approximately 5% for all its employees, effective from April 1, 2026. This decision reflects the company's commitment to enhancing the living standards and stability of its workforce in light of rising costs of living.

Purpose and Background of the Wage Increase

As inflation continues to rise, LogProstyle recognizes the pressing need to support its employees in navigating these economic challenges. The recent salary rise, which marks the third adjustment since 2023 within a span of four years, aims to ensure that employees can work in a sufficiently stable environment. The management sees this as a crucial step in alleviating the impact of ongoing price surges.

The firm has placed a premium on its human resources, viewing employees as vital assets in its operational strategy. As such, the leadership is committed to ongoing improvements in employee compensation and working conditions. Continuous enhancements not only aim to increase job satisfaction but also focus on cultivating a work atmosphere where employees feel secure and appreciated.

Looking Towards the Future

Going forward, LogProstyle is dedicated to fostering an environment that enhances both the motivation and ease of work for its employees. The company is strategically positioning itself to ensure sustainable growth while maintaining a strong focus on long-term corporate value. These efforts are indicative of its broader mission to prioritize employee satisfaction as a core aspect of its business philosophy.

About LogProstyle

LogProstyle Co., Ltd. primarily engages in real estate business activities, including renovation resale and new development projects, and operates in the ryokan (traditional inn) sector. With a concerted effort on expanding its real estate business, the company reported consolidated sales of approximately ¥20.7 billion and EBITDA of around ¥1.5 billion for the fiscal year ending March 2025. Notably, it became the first Japanese company to be directly listed on the NYSE, forgoing the use of American Depositary Receipts (ADR).

Additional Information

For more details, interested parties can visit LogProstyle's website or contact the Investor Relations department at [email protected].

LogProstyle's proactive approach reflects a deep consideration for its workforce, further solidifying its reputation as an employer that values and invests in its human capital. Such actions not only contribute to individual employee growth but also chair the company's overarching objectives in achieving sustained business excellence.